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646 Pollen Street, Thames, Thames-Coromandel, Waikato, 0 bedrooms, 0浴, Investment Opportunities

By Negotiation

646 Pollen Street, Thames, Thames-Coromandel, Waikato

538m2
1m2
Investment OpportunitiesListed on Thu Feb 8
$2,971/Monthly repayments
Based on estimate value
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Thames Remediate to remunerate

Explore the potential of 646 Pollen Street, a building redesigned in 1997 to meet tenant needs. Currently leased to a reliable government tenant, it generates circa $76,000pa +GST/OPEX. As the longtime home of the Ministry of Social Development, this well-maintained property stands out.

Offering a substantial land area of 1,015 sqm (more or less) and a 538 sqm (more or less) office space, the property stands as a practical investment. A notable feature is the spacious car park for 13 vehicles, enhancing its appeal.

While the tenant currently doesn't occupy the building, a lease is in place with a request for works. The current owner can't proceed with the required remedial works, presenting a unique opportunity for a new owner to step in, shape the property to meet tenant expectations and unlock its full potential. This investment blends simplicity with promise, inviting you to be a part of Thames' evolving landscape.

Call to discuss the tenant’s requirements or future use options.

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Ref:2180685Last update:2024-03-27 14:06:17